SEC 13F Intelligence

Managers / Q3 2023 · view latest →

TRAN CAPITAL MANAGEMENT, L.P.

CIK 0001009262 · 1000 4TH STREET, SUITE 800, SAN RAFAEL, CA, 94901 · 4154613800

Reported Value
$777M
Q3 2023
Positions
41
Filings on Record
30
2019–present window
Filed
Oct 13, 2023
original filing

Summary

Tran Capital Management, L.P. reported $777M in U.S.-listed holdings across 41 positions for Q3 2023.

Its largest position, PGR, represents 6.4% of the portfolio.

Compared with Q2 2023, the fund opened 3 new positions and exited 2.

Portfolio Metrics

Turnover
+4.5%
vs prior filed quarter
Top-10 Concentration
+57.9%
share of reported value
Largest Position
+6.4%
Progressive Corp Ohio
New / Exited
3 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $576MQ4 ’18Q1 ’19: $590MQ2 ’19: $803MQ3 ’19: $809MQ4 ’19: $864MQ4 ’19Q1 ’20: $686MQ2 ’20: $864MQ3 ’20: $929MQ4 ’20: $1.1BQ4 ’20Q1 ’21: $1.1BQ2 ’21: $1.2BQ3 ’21: $1.2BQ4 ’21: $1.3BQ4 ’21Q1 ’22: $1.1BQ2 ’22: $875MQ3 ’22: $782MQ4 ’22: $791MQ4 ’22Q1 ’23: $802MQ2 ’23: $847MQ3 ’23: $777MQ4 ’23: $859MQ4 ’23Q1 ’24: $898MQ2 ’24: $862MQ3 ’24: $929MQ4 ’24: $882MQ4 ’24Q1 ’25: $743MQ2 ’25: $850MQ3 ’25: $837MQ4 ’25: $835MQ4 ’25Q1 ’26: $728Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 80.8%Other: 18.0%ETP: 0.7%REIT: 0.5%
  • Common Stock · 80.8% · $628M
  • Other · 18.0% · $140M
  • ETP · 0.7% · $5M
  • REIT · 0.5% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CTLTEURCATALENT INCNEW+322.6K322.6K+$15M$15M
SCHWSCHWAB CHARLES CORP NEWNEW+129.2K129.2K+$7M$7M
ACCENTURE PLC IRELAND SHS CLASNEW+13.6K13.6K+$4M$4M
SPDR TR UNIT SER 1ADDED+2.2K2.8K+$928,049$1M
PLNTPLANET FITNESS INCADDED+77.8K133.6K+$3M$7M
ATVIEURACTIVISION BLIZZARD INCSOLD OUT−96.2K0−$8M$0
VRRMVERRA MOBILITY CORP COMSOLD OUT−232.0K0−$5M$0
PANWPALO ALTO NETWORKS INCTRIMMED−98.4K73.1K−$27M$17M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

41 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PGRPROGRESSIVE CORP OHIOhistory →CS6.36%$49M354.8K
2MSFTMICROSOFT CORPhistory →CS6.09%$47M149.9K
3AMZNAMAZON COM INChistory →CS6.05%$47M369.7K
4DHRDANAHER CORP DELhistory →CS5.96%$46M186.6K
5FERGUSON PLC NEWCS5.96%$46M281.5K
6AERCAP HOLDINGS NVCS5.74%$45M711.4K
7IQVIQVIA HLDGS INC COMhistory →CS5.72%$44M225.9K
8GOOGLALPHABET INC CAP STK CL Ahistory →CS5.65%$44M335.4K
9BKRBAKER HUGHES A GE COhistory →CS5.36%$42M1.18M
10MLMMARTIN MARIETTA MATLS INChistory →CS5.02%$39M95.1K
11PYPLPAYPAL HLDGS INChistory →CS4.56%$35M605.7K
12ENQENTEGRIS INChistory →CS4.26%$33M352.1K
13SHWSHERWIN WILLIAMS COhistory →CS4.21%$33M128.2K
14BALLBALL CORP COMhistory →CS4.15%$32M647.8K
15TMUST-MOBILE US INChistory →CS3.94%$31M218.3K
16INTUINTUIThistory →CS3.58%$28M54.5K
17CLARIVATE ANALYTICS PLCCS2.96%$23M3.43M
18APTIV PLCCS2.79%$22M219.7K
19PANWPALO ALTO NETWORKS INChistory →CS2.21%$17M73.1K
20CTLTEURCATALENT INChistory →CS1.89%$15M322.6K
21METAMETA PLATFORMS INC CL Ahistory →CS1.79%$14M46.2K
22CRMSALESFORCE INC COMhistory →CS1.13%$9M43.2K
23SCHWSCHWAB CHARLES CORP NEWCS0.91%$7M129.2K
24PLNTPLANET FITNESS INCCS0.85%$7M133.6K
25ACCENTURE PLC IRELAND SHS CLASCS0.54%$4M13.6K
26GGGGRACO INCCS0.36%$3M38.2K
27FQIDIGITAL RLTY TR INCCS0.33%$3M21.0K
28KEYSKEYSIGHT TECHNOLOGIES INCCS0.25%$2M14.8K
29BF/BBROWN FORMAN CORPCS0.25%$2M33.4K
30EXREXTRA SPACE STORAGE INCCS0.19%$1M11.9K
31SCHWAB STRATEGIC TR US TIPS ETETF0.17%$1M25.9K
32SPDR TR UNIT SER 1ETF0.16%$1M2.8K
33SCHWAB STRATEGIC TR INTRM TRMETF0.15%$1M24.8K
34VANGUARD SCOTTSDALE FDS MORTG-ETF0.15%$1M26.0K
35AFLAFLAC INCCS0.08%$614,0008.0K
36DISDISNEY WALT COCS0.06%$469,0365.8K
37AAPLAPPLE INC COMCS0.04%$335,2292.0K
38TXNTEXAS INSTRS INCCS0.04%$318,0202.0K
39XYZBLOCK INC CL ACS0.04%$299,5526.8K
40TECHBIO TECHNE CORPCS0.04%$272,2804.0K
41ISHARES TR US PFD STK IDXETF0.03%$214,5177.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$728M71Apr 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$835M73Jan 20, 202613F-HRchanges · EDGAR ↗
Q3 2025$837M71Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$850M68Jul 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$743M65Apr 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$882M63Jan 21, 202513F-HRchanges · EDGAR ↗
Q3 2024$929M61Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$862M51Jul 17, 202413F-HRchanges · EDGAR ↗
Q1 2024$898M47Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$859M42Jan 17, 202413F-HRchanges · EDGAR ↗
Q3 2023$777M41Oct 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$847M40Jul 13, 202313F-HRchanges · EDGAR ↗
Q1 2023$802M39Apr 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$791M40Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$782M36Oct 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$875M39Jul 27, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.1B54Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.3B50Jan 25, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.2B46Oct 18, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.2B45Jul 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B46Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.1B54Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$929M65Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$864M63Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$686M63May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$864M67Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$809M59Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$803M61Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$590M35May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$576M42Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.